Say Anything Blog

Thomas Lifson

On his regular Sunday television show “Hello, President” Hugo Chavez announced he is pushing forward with his plan to seize rural lands he considers “idle.” According to AP, he told Venezuelans that

... the government was “advancing quickly” with a concept of “social, or collective, property” to be included in forthcoming constitutional reforms.

[...]

As Prairie Pundit comments,

One of the lessons of the 20th century is that collectivization is a massive failure that leads to less productivity and more waste. It is ironic that in a matter of days after China takes steps to guarantee private property right in their booming economy, Chavez goes in the opposite direction with his failing economy. If he had no oil, he would be as bad off as Mugabe.

[...]

The situation in Venezuela takes on a tragic inevitability. Chavez’s moves against the property of the wealthy will win him approval, and embolden him further. As Otto von Bismarck appreciated in the 19th Century, economic development which does not elevate the majority is inherently unstable.

Read the whole thing.

There are still lefties out there that refuse to face the fact that leftie govts want to micromanage the lives of their citizens(the proletariat).  This menace is just as bad as terrorism.